Positions | Today | Yesterday | % Change | |
Longs | 0% | 53% | #DIV/0! | |
Shorts | 100% | 47% | 53.00% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Sell | Sell | |
RSI (14) | Buy | Buy | Neutral | |
Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
Alligator (13; 8; 5) | Sell | Sell | Sell | |
SAR (0.02; 0.2) | Sell | Sell | Sell | |
Aggregate | ⇘ | ⇒ | ⇘ |
Bulls continue their dominance in the market for the NZD/USD currency pair. During the first part of Friday' trading session, the exchange rate breached the 200-hour simple moving average.
The price movement was guided by the bullish sentiment. By the end of the European session, the pair has dashed through the weekly pivot point at 0.6813.
Everything being equal, The currency exchange rate could surge further north for a potential target of the upper boundary of the junior ascending channel pattern. However, technical indicators flash sell signals for the rest of today session.